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Now that Model 3 production is ramping up, Tesla will be discontinuing its lowest-priced Model S, previously the company’s most affordable option. Tesla will no longer be selling the rear-wheel-drive version of the Model S starting Sept. 24 but will be continuing production of the rest of the...

Tesla Inc (NASDAQ: TSLA) is reportedly working with chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) to develop chips for driverless vehicles that incorporate artificial intelligence technology. While the partnership is certainly good news for AMD investors, shares of NVIDIA Corporation (NASDAQ...

Following some recent developments at Meritor Inc (NYSE: MTOR), sell-side analysts sounded upbeat on the prospects of the company. While KeyBanc Capital Markets said management could raise the 2019 earnings per share target before the year-end, Longbow Research commended the company for making...

After touring the new Tesla Inc (NASDAQ: TSLA) gigafactory in Reno, Baird analyst Ben Kallo is as bullish as ever on Tesla's stock. In a new note Monday, Kallo described ramping production that he believes will lead to capacity expansion and falling costs in the years ahead. Kallo last visited...

It was the year 2000. "The Montel Williams Show," one of the longest running talk shows in television history, was at its prime, making millions for CBS Corporation (NYSE: CBS). Montel was on a plane flying to Utah to record a guest part for "Touched by an Angel," when he felt...

Amid significant swells in supply and rising threats to demand, cruise lines are preparing for foul winds ━ and some are cautious to board. On Friday, Credit Suisse halved its 2018 yield growth estimates for Carnival Corp (NYSE: CCL) from 3 percent to 1.5 percent, lowered its earnings per share...

Airline stocks are weak Friday following JPMorgan's downbeat assessment of the sector. The firm thinks the current consensus estimates "appear increasingly unachievable" due to current fuel prices and the lack of any apparent vigor in shoring up domestic pricing weakness. As such, the...

President Donald Trump, who berated Boeing Co (NYSE: BA) in December over the cost of the next-generation Air Force One, is closer to getting the aircraft whether he knows it or not. The U.S. Defense Department said Wednesday that Boeing has been awarded $600 million to begin preliminary work on...

Analysts at KeyBanc Capital Markets turned bullish on Ryder System, Inc. (NYSE: R) after conducting proprietary checks into rental activity. The firm's Todd Fowler upgrades Ryder's stock rating from Sector Weight to Overweight with a newly established $100 price target. Proprietary checks...

Boeing Co (NYSE: BA) CEO Dennis Muilenburg told surprised analysts the company was increasing production of its flagship 787 Dreamliner from 12 a month in 2019 to 14, prompting Jefferies analyst Howard A. Rubel to rate the airline a Buy with a price target of $275. Boeing was trading at $245.24 at...

Tesla Inc (NASDAQ: TSLA)'s reputation of delivering a new car on time may not necessarily be that strong but few can dispute that once a car is released, consumers love it. Now that the Tesla Model 3 is ramping production and Tesla is delivering new cars to clients, it is now time for Tesla's CEO...

Barclays has been a notable bear on Tesla Inc (NASDAQ: TSLA) for some time. Tesla has been one of the most speculative companies in current memory, and it has been quite difficult to place a value on the company given the enthusiasm surrounding the disruptive industries it is leading. Barclays...

The auto industry is on the road to revolution. Bernstein gives 30 years before electric batteries replace internal combustion engines as the on-road standard. Loup Ventures bets on 20. The timeline is in dispute, but analysts agree on one thing: sooner or later, change will come. And when it does...

President Donald Trump could find himself in an awkward position amid a trade dispute between rival plane makers. U.K. Prime Minister Theresa May is requesting that Trump assert himself in a court dispute between American-based Boeing Co (NYSE: BA) and Canada's Bombardier Inc (OTC: BDRBF). Boeing...

The long-reigning internal combustion engine is soon to be deposed. “We believe that we are at an inflection point where we will begin to see mass market adoption of [battery electric vehicles (BEVs)], in particular,” Bernstein analysts Toni Sacconaghi Jr. and Mark Newman wrote in a...